Nimma Nidhi Limited
About Nimma Nidhi Limited
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Nimma Nidhi Limited is a nidhi company based in Raichur, Karnataka, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 06 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65990KA2019PLC124964. Its GSTIN is 29AAGCN5583L1ZQ (Karnataka).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹15.33 Lakh. It is led by directors including Salimath Parwataiah Suresh and Channabasavanna.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 12 – 7 – 196 Siyatalab, Raichur, Karnataka, India – 584102.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.46 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.09 Lakh (net margin -19.2%) and EBITDA of ₹14.58 Lakh (EBITDA margin 55.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 73% over five years.
Court records list 23 cases involving the company, including 23 filed by the company; 2 cases are pending.
Company details
Contact details
Nimma Nidhi Limited's registered office is in Raichur, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address12 – 7 – 196 Siyatalab, Raichur, Karnataka, India – 584102
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Nimma Nidhi Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Nimma Nidhi Limited
FY 2025 filings availableNimma Nidhi Limited reported revenue of ₹26.46 Lakh (up 1434% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years. EBITDA rose 247% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14.58 Lakh | ||||
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| Net Profit (PAT) | -₹5.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 55.1% | ||||
| Net Profit Margin | -19.2% | ||||
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To see the full financial statements and ratios of Nimma Nidhi Limited, buy the company report.
Board of directors of Nimma Nidhi Limited
Nimma Nidhi has 7 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salimath Parwataiah Suresh | Director | 06 Jun 2019 | 7 Years 5 Months | Current |
| Channabasavanna | Director | 06 Jun 2019 | 7 Years 5 Months | Current |
| Venkat Singhb | Director | 06 Jun 2019 | 7 Years 5 Months | Current |
| Vishwanath Basavaraj Swamy Also directs: Suddimoola Publishers India Limited | Director | 06 Jun 2019 | 7 Years 5 Months | Current |
| Nirmala Basawaraj Also directs: Suddimoola Publishers India Limited | Director | 06 Jun 2019 | 7 Years 5 Months | Current |
| Mallinath Hiremath Also directs: Suddimoola Publishers India Limited | Director | 06 Jun 2019 | 7 Years 5 Months | Current |
Peer comparison
Nimma Nidhi Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Micro Finance), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Senior Traders Kuries Pvt.Ltd. | ₹26.66 Lakh (FY 2025) | 13.0% | Thrissur, Kerala, India | |||
| KVM Chits Pvt Ltd | ₹26.6 Lakh (FY 2025) | 22.0% | Haryana, India | |||
| Kamalamyil Chit Funds Private Limited | ₹26.57 Lakh (FY 2025) | 1.0% | Pollachi, Tamil Nadu, India | |||
| Shivsmit Urban Multistate Nidhi Limited | ₹26.56 Lakh (FY 2021) | 226.0% | Ahmednagar, Maharashtra, India | |||
| Cosmos Chitties Pvt Ltd | ₹26.51 Lakh (FY 2025) | 9.0% | Thrissur, Kerala, India | |||
| Nimma Nidhi Limitedthis company | ₹26.46 Lakh (FY 2025) | -₹5.09 Lakh | -19.2% | 1434.0% | Raichur, Karnataka, India | |
| Sri Vijaya Bama Chits Private Limited | ₹26.39 Lakh (FY 2025) | -36.0% | Coimbatore, Tamil Nadu, India | |||
| BRD Kuries (India) Limited | ₹26.3 Lakh (FY 2024) | -23.0% | Thrissur, Kerala, India | |||
| Flotus Chits Private Limited | ₹26.18 Lakh (FY 2021) | Bangalore, Karnataka, India | ||||
| Moneypot Chit Funds Private Limited | ₹26.17 Lakh (FY 2024) | 12.0% | Bangalore, Karnataka, India | |||
| Finspot Micro Foundation | ₹26.08 Lakh (FY 2025) | -37.0% | New Delhi, Delhi, India |
To see the full peer comparison of Nimma Nidhi Limited, buy the company report.
Legal cases
Nimma Nidhi Limited has 23 court cases on record: 23 filed by Nimma Nidhi. 2 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 0 | 2 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAICHUR, Karnataka | Criminal case | Filed by the company against an individual | Pending |
| District court, RAICHUR, Karnataka | Criminal case | Filed by the company against an individual | Pending |
| District court, RAICHUR, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, RAICHUR, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, RAICHUR, Karnataka | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Nimma Nidhi Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nimma Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nimma Nidhi has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCN5583L1ZQ | Karnataka | Active | 10 Jul 2020 |
To see the full GST registrations and return filing status of Nimma Nidhi Limited, buy the company report.
Recent activity
Nimma Nidhi Limited has 7 board changes on record since 2019: 7 appointments. The latest: Channabasavanna was appointed as Director on 06 Jun 2019.
Frequently asked questions
Nimma Nidhi is an active nidhi company based in Raichur, Karnataka, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 06 June 2019 (7+ years old) and is registered under CIN U65990KA2019PLC124964.
Nimma Nidhi has 7 current directors:
- Salimath Parwataiah Suresh - Director
- Channabasavanna - Director
- Venkat Singhb - Director
- Vishwanath Basavaraj Swamy - Director
- Nirmala Basawaraj - Director
- Mallinath Hiremath - Director
- Jagadish Mahandayya Bichali - Director
The latest financial statements of Nimma Nidhi on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Nimma Nidhi is 29AAGCN5583L1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Nimma Nidhi is U65990KA2019PLC124964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nimma Nidhi has 23 court cases on record: 23 filed by the company. 2 are pending.
Nimma Nidhi was incorporated on 06 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nimma Nidhi by revenue are Senior Traders Kuries Pvt.Ltd, KVM Chits Pvt Ltd, Kamalamyil Chit Funds Private Limited, Shivsmit Urban Multistate Nidhi Limited, Cosmos Chitties Pvt Ltd and 5 more, all in the BFSI industry (Micro Finance).
Channabasavanna was appointed as Director on 06 Jun 2019. Jagadish Mahandayya Bichali was appointed as Director on 06 Jun 2019. Mallinath Hiremath was appointed as Director on 06 Jun 2019. Nimma Nidhi has 7 board changes on record in total.
The registered office of Nimma Nidhi is at 12 – 7 – 196 Siyatalab, Raichur, Karnataka, India – 584102.
Nimma Nidhi operates in the financial services industry, in the microfinance institutions segment.
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